National Presto Industries to Disclose Financial Results
Ticker: NPK · Form: 8-K · Filed: Feb 20, 2024 · CIK: 80172
Sentiment: neutral
Topics: financial-reporting, corporate-filing
TL;DR
**National Presto is about to drop its financial results, so keep an eye out for their performance.**
AI Summary
National Presto Industries, Inc. filed an 8-K on February 20, 2024, reporting on events that occurred on February 16, 2024. The filing indicates that the company will be disclosing its results of operations and financial condition, along with other events and financial statements and exhibits. This suggests an upcoming release of financial performance data for the company.
Why It Matters
This filing signals an upcoming release of financial performance, which will provide investors with crucial information about the company's health and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard procedural announcement of upcoming financial disclosures, not indicating any immediate negative events.
Key Players & Entities
- National Presto Industries, Inc. (company) — Registrant
- February 16, 2024 (date) — Date of earliest event reported
- February 20, 2024 (date) — Filing date
- Wisconsin (company) — State of incorporation
- 3925 North Hastings Way Eau Claire, Wisconsin 54703-3703 (company) — Principal executive office address
FAQ
What is the purpose of this 8-K filing by National Presto Industries, Inc.?
The 8-K filing by National Presto Industries, Inc. is to report on the results of operations and financial condition, other events, and financial statements and exhibits, with the earliest event reported on February 16, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 16, 2024.
What items are included in the ITEM INFORMATION section of this 8-K?
The ITEM INFORMATION section includes "Results of Operations and Financial Condition," "Other Events," and "Financial Statements and Exhibits."
What is the state of incorporation for National Presto Industries, Inc.?
National Presto Industries, Inc. is incorporated in Wisconsin.
What is the CIK number for National Presto Industries, Inc.?
The Central Index Key (CIK) for National Presto Industries, Inc. is 0000080172.
Filing Stats: 702 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-02-20 16:07:43
Key Financial Figures
- $1.00 — nge on which registered Common Stock , $1.00 par value NPK New York Stock Exchan
- $44.2 million — recent Defense Segment awards totaling $44.2 million for 40mm cartridges in support of Ukrai
Filing Documents
- npk20240219_8k.htm (8-K) — 29KB
- ex_628176.htm (EX-99.1) — 18KB
- 0001437749-24-004826.txt ( ) — 182KB
- npk-20240216.xsd (EX-101.SCH) — 3KB
- npk-20240216_def.xml (EX-101.DEF) — 11KB
- npk-20240216_lab.xml (EX-101.LAB) — 15KB
- npk-20240216_pre.xml (EX-101.PRE) — 11KB
- npk20240219_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 16, 2024, the Registrant issued a press release regarding the registrant's results of operations for the year ended December 31, 2023. The full text of the press release is filed as Exhibit 99.1 to this Form 8-K. Such Exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Other Events
Item 8.01 Other Events The Registrant announced two recent Defense Segment awards totaling $44.2 million for 40mm cartridges in support of Ukraine and warheads for the Small Diameter Bomb program. Completion of both awards is scheduled to occur in 2024. The press release referenced above in Item 2.02 describes the awards.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of National Presto Industries, Inc. dated February 16, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant's SEC filings. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. National Presto Industries, Inc. (Registrant) Date: February 20, 2024 By: /s/ Maryjo Cohen (Signature) Maryjo Cohen, President and Chief Executive Officer